[11] Together with Lev Kvetnoi, and Skoch,[12] Usmanov's first purchases were the Lebedinsky Mining and a steel production plant in Belgorod.

Skoch owns 30% of Metalloinvest,[13] though the shares are reportedly held in his father Vladimir's name.

In the same year, he defended his thesis entitled "Charity in Russia as a means of social protection of childhood".

[23] From 1999 to 2019, during the term of office of the deputy of the State Duma of the III, IV, V, VI and VII convocations, he co-authored 163 legislative initiatives and amendments to draft federal laws.

[24] In 2021, he was elected as a deputy of the State Duma of the Russian Federation, VIII convocation, representing the United Russia party from the single-mandate electoral district No.

The evaluation was based on a number of parameters, including public voting indices, activity in legislative work, and assessments of effectiveness by experts.

It supports cultural workers and scientists, families with three or more children, veterans of World War II, senior citizens and many others.

The foundation also finances the construction of medical facilities in Belgorod Oblast and provides financial support for the reconstruction and restoration of military cemeteries.

[31] In 2007, Skoch provided veterans of the Great Patriotic War from Belgorod region with personal VAZ-2105 (3000 vehicles for 260 million rubles).

[37] Through the Pokolenie Foundation, Skoch is the sponsor of the Debut Prize,[38] a literary award for Russian writers under the age of 25.

[26] According to the U.S. Treasury Department, because Skoch has, alongside his role as deputy of Duma, long maintained ties to organized crime and for a time was alleged to have headed a criminal group himself, he was added to the sanctions list by the U.S. in the wake of sanctions against Russia along with other Russian oligarchs - all of whom are close to the Kremlin and therefore must share the consequences of their government's political actions.

[40] In relation to the 2022 Russian invasion of Ukraine, on 23 February 2022, Skoch was added to the EU sanctions list, citing the following reason:[41] Member of the State Duma who voted in favour of the resolution No.

Putin on the need to recognize the Donetsk People's Republic and the Luhansk People's Republic" and therefore supported and implemented actions and policies which undermine the territorial integrity, sovereignty and independence of Ukraine, and further destabilised Ukraine.On 15 March 2022 Skoch was also added to the UK asset freeze and travel ban sanctions list "in respect of actions undermining or threatening the territorial integrity, sovereignty and independence of Ukraine".